Company Registration No. 01955821 (England and Wales)
Vexcolt (UK) Limited
Unaudited accounts
for the year ended 31 December 2025
Vexcolt (UK) Limited
Unaudited accounts
Contents
Vexcolt (UK) Limited
Company Information
for the year ended 31 December 2025
Directors
Jan Peter De Boer
Susan Tracy Wolfe
Arun Kingwell
Secretary
Christopher French
Company Number
01955821 (England and Wales)
Registered Office
Unit 3D Wrangaton Business Park
Wrangaton
South Brent
Devon
TQ10 9GQ
Accountants
The Fresh Accountancy Company Limited
Orchard House
Clyst St Mary
Exeter
Devon
EX5 1BR
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Vexcolt (UK) Limited for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Vexcolt (UK) Limited for the year ended
31 December 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
The Fresh Accountancy Company Limited
Chartered Accountants
Orchard House
Clyst St Mary
Exeter
Devon
EX5 1BR
18 June 2026
Vexcolt (UK) Limited
Statement of financial position
as at 31 December 2025
Tangible assets
142,634
171,103
Inventories
276,886
285,492
Cash at bank and in hand
525,130
682,829
Creditors: amounts falling due within one year
(113,549)
(66,494)
Net current assets
759,855
953,196
Total assets less current liabilities
902,489
1,124,299
Provisions for liabilities
Deferred tax
(35,659)
(42,776)
Net assets
866,830
1,081,523
Called up share capital
100
100
Profit and loss account
866,730
1,081,423
Shareholders' funds
866,830
1,081,523
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by
Susan Tracy Wolfe
Director
Company Registration No. 01955821
Vexcolt (UK) Limited
Notes to the Accounts
for the year ended 31 December 2025
Vexcolt (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 01955821. The registered office is Unit 3D Wrangaton Business Park, Wrangaton, South Brent, Devon, TQ10 9GQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line bases - 10 years
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Vexcolt (UK) Limited
Notes to the Accounts
for the year ended 31 December 2025
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Expenditure on research and development is written off in the year in which it is incurred.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
19,073
266,433
64,488
74,093
424,087
Additions
-
5,306
-
5,202
10,508
At 31 December 2025
19,073
271,739
64,488
79,295
434,595
At 1 January 2025
7,175
166,932
56,680
22,197
252,984
Charge for the year
1,907
26,061
1,952
9,057
38,977
At 31 December 2025
9,082
192,993
58,632
31,254
291,961
At 31 December 2025
9,991
78,746
5,856
48,041
142,634
At 31 December 2024
11,898
99,501
7,808
51,896
171,103
Amounts falling due within one year
Trade debtors
56,722
42,322
Accrued income and prepayments
12,085
9,047
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
61,734
50,866
Taxes and social security
11,402
7,552
Other creditors
24,842
4,136
Vexcolt (UK) Limited
Notes to the Accounts
for the year ended 31 December 2025
7
Operating lease commitments
2025
2024
At 31 December 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
5,394
46,785
Later than one year and not later than five years
899
6,293
The ultimate controlling party is Atlas Techrin International BV, incorporated in Netherlands.
9
Average number of employees
During the year the average number of employees was 11 (2024: 11).